The Rmb Cross-border Circulation Present Situation And Countermeasure Research In Inner Mongolia

RMB regionalization at present is an important process of internationalization of the RMB, RMB internationalization is a major strategic decision-making, long-term significance for economic development and national interests. At this stage the cross-border RMB payment has two main channels, one is Correspondent mode, the other is clearing bank model. Cross-border settlement in terms of the overall situation, the RMB cross-border settlement is relatively mature, comparison of potency of the Inner Mongolia. In recent years, in order to promote the process of RMB internationalization, the countries are vigorously promoting the RMB to go out and actively encourage border trade in the border region to use the RMB as a settlement currency. Sino-Mongolian border region is one of the use of the RMB of the oldest and most active, the use of the RMB trading activities, the use of the RMB relatively high number of areas.Sino-Mongolian border is3211km long, a total of Mongolia and opening port11.Mongolia’s rich natural resources, but the development of light industry lags behind the economic complementarities between China and Mongolia to promote the rapid development of bilateral trade. In recent years, North of Mongolia, Russia, Eastern Europe, South and China, Japan, Korea and other countries active in bilateral economic and trade exchanges. Country’s western development and autonomous regions in north opening-up strategy to actively promote the Sino-Mongolian economic and trade exchanges between the two countries have become closer bilateral economic and trade cooperation and cross-border investment has been rapid development, China has become Mongolia’s largest export and the second largest importing country, and for many years maintained the status of Mongolia’s largest trading partner. Steadily along with the continuous strengthening of bilateral economic and trade cooperation and cross-border investment and the value of the RMB, the RMB as a medium of exchange, storage means and means of payment in the field of Sino-Mongolian border trade, investment and non-trade use more widely. Its recognition and acceptance of continuous improvement, cross-border flows of RMB cash in Mongolia has formed a certain scale.As China’s economic strength is growing stronger, the openness of the deepening economic, trade and personnel exchanges with other countries of the world continue to close, the RMB gradually go out of the country, began to be accepted by other countries and regions gradually circulation. The Inner Mongolia is located in the northern part of neighboring Russia, Mongolia. Excellent regional location, the expansion of the north open to promote the RMB cross-border circulation, has a unique advantage.